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Thursday, Dec 7, 2023

Quest Acquires Network Software Maker

Aliso Viejo-based business software maker Quest Software Inc. has acquired a maker of software that boosts access to data stored on various computers on a network.

Quest acquired Chicago-based Symlabs Inc. for undisclosed terms, presumably small.

Symlabs makes software that culls together data stored in a various places on a network in a seamless way for users.

The software is used on corporate, mobile, Internet and other networks.

Customers include IBM Corp., Barclays PLC and Nokia Corp.

Symlabs was started in 2001.

Quest makes software that helps corporations become more efficient by improving on existing applications by Oracle Corp., Microsoft Corp. and others.

The company routinely makes small acquisitions to add to its products.

Last month, Quest acquired Montana’s RemoteScan Corp., a maker of software that tracks scanners and other imaging devices on corporate networks.

Also in May, Quest joined the venture arm of Intel Corp. to lead a $6.5 million funding of Silicon Valley software developer WSO2 Inc.

In the first quarter, Quest bought BakBone Software Inc., a San Diego-based maker of data protection software, for $55 million.

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